Flat 407, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built in 2007 onwards. The property offers approximately 506 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £598,027 , which equates to approximately £1,182 per square foot. It was last sold on 8 May 2012 for £475,000. Since then, the value has increased by £123,027, representing a 25.9% increase, or approximately 1.9% per year.

The current estimated value of £598,027 is:

  • 42.9% lower than the average property price on Praed Street
  • 35.2% lower than the average in the W2 1JL postcode area
  • and 28.4% lower than the average price for London as a whole

At the most recent EPC inspection on 9 March 2012, the property was recorded as owner-occupied.

View sold house prices in W2 1JL

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
506 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£598,027
Price Per sq ft (estimate)
£1,182
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 407, Balmoral Apartments, 2 Praed Street, London, City Of Westminster, Greater London Authority, W2 1JL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 28 Jul 2017.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 9 Mar 2012. The rating of C is unchanged, though the energy efficiency score decreased by 5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The lighting was updated from no low energy lighting to low energy lighting in 80% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to W2 1JL

70 th / 82
Price Rank
35% lower than average
51 st / 70
Size Rank
29% smaller than average
37 th / 70
Price Per Sq FT Rank
8% lower than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 70th out of 82. Based on price per square foot, it ranks 37th out of 70 properties. In terms of size, this home ranks 51th out of 70 properties in its postcode area.

Sale History

Today
£598,027
streetscan.co.uk estimate
+26 %
8 May 2012
£475,000
Leasehold
+9.2 %
28 Feb 2011
£435,000
Leasehold
+85.1 %
10 Jun 2003
£235,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 466 sq ft
sale price: £590,000
sale date: 30 Sep 2022
rooms: 2
size: 560 sq ft
sale price: £605,000
sale date: 1 Jul 2022
rooms: 2
size: 441 sq ft
sale price: £571,250
sale date: 29 Jun 2021
rooms: 2
size: 517 sq ft
sale price: £575,000
sale date: 8 Nov 2019
rooms: 1
size: 581 sq ft
sale price: £560,000
sale date: 2 Jul 2018

Data Sources

The property at Flat 407, Balmoral Apartments, 2 Praed Street, London, W2 1JL appears three times in the Land Registry records, with the latest transaction recorded on 8 May 2012. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Jul 2017. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.